Nordic News, Business and Life in Asia
Ericsson has agreed to pay Nokia EUR 80 million (roughly $97 million) for a damages claim related to bribery and corruption investigations previously settled with U.S. authorities. In 2019 Ericsson …
Ericsson settled $97mil to Nokia for bribery case Read More
China’s four major telecom operators have invited Swedish firm Ericsson to participate in their 5G equipment test which offers Ericsson an opportunity for an “interview” to access China’s 5G market, …
Chinese mobile operators invite Swedish Ericsson to participate in 5G equipment test Read More
On 30 April 2021 Nokia seems to be making a comeback. According to the following article, the rollout of 5G technology is creating a massive market opportunity for the company. …
Nokia making a come back with their 5G technology Read More
Nokia is forecasting a pick up in profit margins to 10%-13% in 2023 as new Chief Executive Pekka Lundmark charts a course to catch up with rivals in the race …
Nokia aims to improve profit margins Read More
On 16 March 2021 the Finnish telecom company Nokia announced it will likely cut about 300 jobs in Finland, mainly at its headquarters, as part of a wider restructuring plan, …
Nokia plans to cut up 10,000 jobs to focus on R&D Read More
According to a statement from Finnish Nokia, telecom network equipment maker, the company has secured an order from Filipino company Globe Telecom to build a 5G network to the Philippines’ …
Finnish Nokia secures 5G order from Philippines’ Globe Telecom Read More
On 21 January 2021 Nokia and China Mobile (CMCC) announced that they have successfully completed live trials of an AI-powered radio access network (RAN) over CMCC’s network. Utilizing CMCC’s 4G …
Nokia and CMCC’s AI-powered radio access on live 5G network trial session was a success Read More
Norwegian controlled DTAC has selected Finish Nokia as its first 5G RAN partner in a three-year deal covering the North and North Eastern regions of Thailand. Nokia will play a …
Nokia selected as DTAC’s first 5G RAN partner in Thailand Read More
The Third China International Import Expo (CIIE) held in Shanghai from at National Exhibition and Convention Center gathered government officials, business communities, exhibitors and professional purchasers across the world to …
Finnish companies participating at the 3rd China International Import Expo Read More
On 14 September 2020 Nokia announced that together with Converge ICT,one of the leading Internet and digital services providers in the Philippines, will bring ultra-broadband services to the island of …
Nokia and Converge ICT roll out home network with ultra-broadband services to customers in the Philippines Read More